Ready, Fire, Aim - 3 Common IIoT Mistakes to Avoid
Michael RiemerMichael Riemer
Not a day goes by without an article or blog outlining the technology stack and security requirements for enterprise IoT solutions. During hypercycles like this, the immaturity of the technology and the general lack of knowledge definitely requires education and even evangelism.
However, continued reporting of high project failure rates should raise significant concerns. There are three foundational elements which seem to be consistently ignored in social media, popular and industry press, and most importantly, from IIoT projects themselves:
Previously, I have been on my soapbox trumpeting about the importance of the customer as the starting point for IIoT projects.
This means starting with a clear understanding of the following:
Per my earlier blog on this topic, this provides the foundation for targeted segmentation, more engaging customer experiences, higher customer lifetime value and more valued customer outcomes.
Because the buyer and user of your new products are going to be different than legacy products, it makes logical sense that your existing sales, support, operations, and other teams are likely not the best suited to deliver your new digital initiatives.
Accordingly, your customer analysis from above should drive the requirements for the:
Per my earlier post, this does not mean fire everyone and build all new systems. It means you must establish a target organizational end-state and a roadmap. Start with a minimum viable organization (MVO) to get started and make course corrections as needed.
Access to information, even information that was not previously available, that does not result in specific customer outcomes will severely diminish the value of connected devices, equipment, and vehicles.
Be sure that valuable and measurable outcomes are not only delivered to your customers, but also to your employees, your company, and your partners.
I am all in on IIoT.
I believe, like some others, that it will be one of the most transformative technologies ever.
However, if you try to shortcut the process, precious time and money will be lost, and employees, business partners, and customers will become disillusioned.
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